‘Disaster capitalism’: What’s happening after climate catastrophe

Whether it’s floods or bushfires, climate-related disaster is something Australia will have to contend with more and more.

But so far, Australia isn’t recovering from disaster. It’s one year since the Lismore floods, but the scheme to get people back into homes, and to move those homes away from the floodplain, is taking far too long.

And in the absence of real recovery, what’s happening in Lismore is being described as “disaster capitalism” – houses on the floodplain are being sold to investors looking for a bargain.

Today, contributor to The Saturday Paper Royce Kurmelovs on what happens when the government doesn’t step up, and the market steps in.

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Guest: Contributor to The Saturday Paper, Royce Kurmelovs

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